OFFER YOUR EMPLOYEES A “CASH” BENEFIT PLAN USING PREVAILING WAGE FRINGE MONEY

Our comprehensive approach to taking the fringe off of your prevailing wage payroll and putting it into "bona fide" cash benefits is a win-win for your business: lowering job costs while providing a cash-benefit option for your employees. What is a cash-benefit? Unlike a pension or retirement plan that is inaccessible until the future, a cash benefit, or ‘Money Now’ plan, is one that makes benefits money available today. Depending upon the type of ‘Money Now’ plan you choose, your employees will be able to access their fringe benefits moneys to meet today’s needs, whether it’s as basic as vacation pay or crucial as unemployment benefits.

“Cash” benefit plans that offer employees ‘Money Now’

An essential part of any benefits strategy is making money available to employees when they need it most. With the money you can save by reducing your statutory payroll taxes and decreasing your workman’s compensation costs, you can help your employees and help your bottom-line. CPWIS offers both traditional Vacation/Holiday plans and our Supplemental Unemployment Benefits (SUB) plan. Besides being tailored to meet the needs of prevailing wage contractors, all of our employee benefit plans are specifically designed to meet Davis-Bacon and California Prevailing Wage requirements.  

The benefits of “cash” benefits

With CPWIS guiding your employee benefits strategy, you’ll lower your job costs AND offer your employees the same quality benefits that the unions offer WITHOUT becoming signatory to the union! That’s right - your employees will get all of this without having to pay monthly union dues! When employers put “cash” benefit plans in place, their employees realize immediate advantages from having their ‘Money Now’!  

CPWIS helps you put your employee benefits in place

Whether you need help integrating your employee benefits plans into your accounting system or making sure that you’re using the correct wage decision for your prevailing wage projects, CPWIS’ service offering extends far beyond simply writing the policy. Our years of experience with prevailing wage makes us an ideal partner to help insure that your benefits plans save money now… and keep saving later! 

Take a look at the types of “cash” plans we offer or just give us a call (or have us call you!) You’ll be amazed at how we can save you money while giving your employees something to be happy about!